NATURE OF OPTION definition

NATURE OF OPTION. The Option shall be an incentive stock option as defined in Section 422 of the Code.

Related to NATURE OF OPTION

  • Type of Option Nonqualified Stock Option Expiration Date: Tenth anniversary of the Grant Date (the “Option Period”)

  • Date of Option Grant means __________________.

  • Number of Options For each Component, as provided in Annex A to this Confirmation.6 Option Entitlement: One Share Per Option Strike Price: USD [_____] Cap Price: USD [_____]; provided that in no event shall the Cap Price be reduced to an amount less than the Strike Price in connection with any adjustment by the Calculation Agent under this Confirmation.

  • Other Award Agreement means a written agreement between the Company and a holder of an Other Award evidencing the terms and conditions of an Other Award grant. Each Other Award Agreement will be subject to the terms and conditions of the Plan.

  • Option Exchange Program means a program whereby outstanding Options are surrendered in exchange for Options with a lower exercise price.

  • Director Option means an Option granted pursuant to Section 6.

  • Options means any rights, warrants or options to subscribe for or purchase shares of Common Stock or Convertible Securities.

  • Grant program means the primary care and psychiatry shortage grant program under this section.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Nonqualified Stock Option means an Option that is not an Incentive Stock Option.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Number of Option Shares means shares of Stock, as adjusted from time to time pursuant to Section 9.

  • Option means a stock option granted pursuant to the Plan.

  • Share Option Plan means any equity incentive plan of the General Partner, the General Partner Entity, the Partnership and/or any Affiliate of the Partnership.

  • Notice of Stock Option Grant means the document so entitled to which this Agreement is attached.

  • Other Award means an award based in whole or in part by reference to the Common Stock which is granted pursuant to the terms and conditions of Section 5(c).

  • Option Purchase Price has the meaning set forth in Section 9.36(b) hereof.

  • Incentive Option means an Option which by its terms is to be treated as an “incentive stock option” within the meaning of Section 422 of the Code.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Option Plans has the meaning set forth in Section 2.6 below.

  • Incentive Stock Options means Option Rights that are intended to qualify as “incentive stock options” under Section 422 of the Code or any successor provision.

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

  • Option 3 [ ] A Participant satisfies the Plan's Early Retirement Age conditions by attaining age ________ (not less than 55) and completing ________ Years of Vesting Service.